Svmuureports that Morgan Stanley points out that by 2030, the global semiconductor industry market size could reach $1.5 trillion, with AI-related semiconductor products contributing half of that share. Cloud capital expenditure from major cloud service providers remains robust.
Morgan Stanley's Cloud CapEx Tracker estimates that by 2026, cloud capital expenditure will approach $811 billion. The research suggests that agentic AI creates growing opportunities for CPU applications. As AI transitions from inference to execution, GPU compute intensity increases. The firm has raised its baseline scenario total addressable market (TAM) for orchestration CPUs to $79 billion, with the TAM for CPU orchestration technologies forecast to reach $238 billion. (Jin Shi)